The housing market in 56715 Brooks, MN is quite strong. The median value of homes in the area is $245,200, significantly lower than the US median value of $338,100. Despite this, the appreciation rate for homes in 56715 Brooks, MN is very healthy at 9.54%, higher than the US average of 8.27%. This indicates that financial investments made in the housing market here will yield a good return and buyers can be secure knowing that their investment will be worth more in future years.
The median home cost in Brooks (zip 56715) is $245,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Brooks (zip 56715) is up 14.7%.
Average Age of Homes
- The median age of Brooks (zip 56715) real estate is 52 years old
The Rental Market in Brooks (zip 56715)
- Renters make up 17.5% of the Brooks (zip 56715) population
- 0.0% of houses and apartments in Brooks (zip 56715), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.